Al Noor Trading W.L.L. (Demo)
in progressRating R05- OriginationCompleted
- PreparationCompleted
- BusinessCompleted
- Credit AdminCompleted
- 5Risk ReviewIn progress
- CommitteeLocked
- RegulatoryLocked
- DocumentationLocked
- DisbursementLocked
- MonitoringLocked
Credit Appraisal Memorandum
The complete CAM as it will be exported into the bank's Word template. Cover page, tracking sheet, approval page and facility summary are generated from the data; the narrative sections are editable here.
- Client
- Al Noor Trading W.L.L. (Demo)
- Ref / date
- CAM-0002/2026 · 26 Aug 2026
- Risk rating
- R05
- Approval
- Level 1
- Business sign-off
- Sara Al-Kuwari → Khalid Al-Mansoori → Khalid Al-Mansoori
- Risk sign-off
- Fatima Hassan → —
- Committee decision
- —
- Attachments
- 0 document(s)
Facility Limit Summary
Figures in QAR 000s (USD converted at parity 3.65). Capital base QAR 8,000,000K → limit 0.55% of capital base.
| # | Facility type | Existing | Proposed | Change | Outstanding | Pricing | Collateral | |
|---|---|---|---|---|---|---|---|---|
| 1 | 3,650 | |||||||
| 2 | 3,650 | |||||||
| SUB-TOTAL | 43,800 | Large exposure: N · Related director: N | ||||||
| RELATED EXPOSURE | NIL | Edit in the term sheet (Related exposure) | ||||||
| GRAND TOTAL | 43,800 | |||||||
PurposeApproved v1 · 26 Aug 2026 17:44 · Sara Al-Kuwari
Renewal and enhancement of working-capital facilities to support growth in building-materials trading.
I. Nature of RequestApproved v1 · 26 Aug 2026 17:44 · Sara Al-Kuwari
The Business Unit requests renewal and enhancement of the working-capital facilities of Al Noor Trading W.L.L. (Demo) from QAR 36.5 MM to QAR 43.8 MM (USD 12.0 MM equivalent at parity 3.65), comprising an overdraft of QAR 29.2 MM priced at 3M QIBOR + 3.0% p.a. and a letter-of-credit line of QAR 14.6 MM. The facilities are secured by a first-ranking mortgage over the company's warehouse (valued USD 19.2 MM, 2025) and personal guarantees of the shareholders.
Brief Details of BorrowerEmpty
Not written yet. Draft it with AI from the extracted documents, or click Edit to write it.
Brief Details of GuarantorEmpty
Not written yet. Draft it with AI from the extracted documents, or click Edit to write it.
Overview of the TransactionEmpty
Not written yet. Draft it with AI from the extracted documents, or click Edit to write it.
Modus OperandiEmpty
Not written yet. Draft it with AI from the extracted documents, or click Edit to write it.
Disbursement termsEmpty
Not written yet. Draft it with AI from the extracted documents, or click Edit to write it.
Repayment termsEmpty
Not written yet. Draft it with AI from the extracted documents, or click Edit to write it.
Security / support AI draft — pending approval v1 · 26 Aug 2026 18:51 · gpt-5.6-luna
- Mortgage over the warehouse and yard located in the Industrial Area, with a reported value of USD 19,200K as at 15 November 2025 (Source: application form).
- Personal guarantees are provided as support for the overdraft facilities; the guarantors, guarantee amounts and enforceability details are not specified (Source: application form). [Analyst to confirm: guarantor identities, net worth and guarantee coverage].
- Letters of credit are supported by a 10% cash margin (Source: application form).
- The proposed security coverage is stated at 160%, with an LTV cap of 60% (Source: application form).
- No top-up trigger or liquidation trigger has been specified. [Analyst to confirm: valuation monitoring frequency, top-up mechanism, liquidation trigger and required cure period].
- [Analyst to confirm: mortgage ranking, registration status, existing encumbrances and whether the stated collateral value supports the proposed exposure after applying the Bank’s approved valuation and haircut methodology].
Conditions precedentEmpty
Not written yet. Draft it with AI from the extracted documents, or click Edit to write it.
Performance monitoringEmpty
Not written yet. Draft it with AI from the extracted documents, or click Edit to write it.
Terms & conditionsEmpty
Not written yet. Draft it with AI from the extracted documents, or click Edit to write it.
CovenantsEmpty
Not written yet. Draft it with AI from the extracted documents, or click Edit to write it.
III. Borrower BackgroundApproved v1 · 26 Aug 2026 17:44 · Sara Al-Kuwari
Al Noor Trading W.L.L. (Demo) was established 18 years ago and distributes building materials to contractors across Qatar. The company is owned by two Qatari shareholders (51% / 49%) and managed by a General Manager with 25 years of sector experience.
IV. Industry AnalysisEmpty
Not written yet. Draft it with AI from the extracted documents, or click Edit to write it.
V. Financial Analysis — BorrowerApproved v1 · 26 Aug 2026 17:44 · Sara Al-Kuwari
- Revenue grew 11.4% in FY2025 to USD 46.9 MM on higher infrastructure activity (Source: application form).
- EBITDA margin improved to 9.8%; net profit of USD 2.8 MM.
- Leverage (total liabilities / TNW) improved to 1.27x; current ratio 1.49x.
- Receivable days remain elevated at ~117 days, reflecting contractor payment cycles.
V. Financial Analysis — GuarantorEmpty
Not written yet. Draft it with AI from the extracted documents, or click Edit to write it.
VI. Account Conduct & ProfitabilityEmpty
Not written yet. Draft it with AI from the extracted documents, or click Edit to write it.
VII. QCB and Credit Bureau ReportsEmpty
Not written yet. Draft it with AI from the extracted documents, or click Edit to write it.
VIII. Sources of RepaymentApproved v1 · 26 Aug 2026 17:44 · Sara Al-Kuwari
Primary: operating cash flows from trading activity (EBITDA USD 4.6 MM). Secondary: realisation of mortgaged warehouse (coverage 160%) and personal guarantees.
IX. Risk RatingEmpty
Not written yet. Draft it with AI from the extracted documents, or click Edit to write it.
X. Risks & MitigantsApproved v1 · 26 Aug 2026 17:44 · Sara Al-Kuwari
| Risk | Description | Mitigant |
|---|---|---|
| Lower fund returns | Distributions from the underlying investments may fall short of expectations. | Diversified pool of funds; guarantor support; DSRA covering interest. |
| Security risk | Collateral value may fall below required coverage. | LTV maintenance with top-up and liquidation triggers; monthly NAV reporting. |
| Interest rate risk | Rising benchmark rates increase debt service. | Max all-in rate cap; interest serviced from distributions and guarantor. |
XI. RecommendationApproved v1 · 26 Aug 2026 17:44 · Sara Al-Kuwari
- Long-standing relationship with satisfactory conduct.
- Consistent profitability and improving leverage.
- Adequate tangible security coverage.
The Business Unit recommends the renewal and enhancement of facilities for the committee's consideration.